The GER40, also called the DAX, DAX 40, or DAX Index, tracks 40 of Germany’s largest listed companies. It can be traded through contracts for difference (CFDs), which let you speculate on price moves without owning the shares. At ThinkMarkets, you can trade the GER40 long (buy) or short (sell).
Steps
- Open and verify a ThinkMarkets demo or live account.
- Log in to ThinkTrader, MT4 or MT5 and add GER40 to your watchlist.
- Analyse a price chart, looking for trend direction and support or resistance levels.
- Review Eurozone and German data releases, plus European Central Bank (ECB) policy.
- Decide whether to go long if you expect the index to rise or short if you expect a decline.
- Set your position size and confirm margin requirements.
- Apply risk controls with stop-loss and, if needed, take-profit levels.
- Choose your order type (market or pending) and place the trade.
- Monitor the position and close it when your target or risk threshold is reached.
Quick facts
- Product type: Index CFD
- Key drivers: German earnings, ECB policy, Eurozone data
- Main session: European trading hours
Learn more in our guide to trading DAX 40.